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Public Private Partnerships In Infrastructure Projects

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  • Mihnea CRACIUN

    ()
    (The Bucharest Academy of Economic Studies, Romania)

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    Abstract

    Public Private Partnerships (PPPs) are new, innovative ways in which the public and the private sector can cooperate to efficiently build infrastructure assets by sharing risks and rewards and focusing on elements that each of them excel in. Over the course of the last half of century, several countries in the world such as the UK, Australia or the Unites States have embraced the concept and have sets new challenges in applying its principles to evermore activities and economic sectors. The PPPs represent a hybrid way of supplying good and providing services in which the private and public sectors work together to achieve results which could not have been obtained by one party’s efforts only.

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    File URL: http://www.jdre.ase.ro/RePEc/aes/jdreco/20113002.pdf
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    Bibliographic Info

    Article provided by The Bucharest University of Economic Studies in its journal Journal of Doctoral Research in Economics.

    Volume (Year): 3 (2011)
    Issue (Month): 3 (September)
    Pages: 13-22

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    Handle: RePEc:aes:jdreco:v:3:y:2011:i:3:p:13-22

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    Related research

    Keywords: public sector; private sector; public-private partnership; project finance;

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